Updated May 9, 2026

Current California Mortgage Rates

See sample mortgage rate options for common purchase and refinance scenarios, then check personalized options for your situation.

Purchase benefits

Purchase Offers Worth Checking

Eligible buyers may qualify for payment relief, appraisal credits, or buyer assistance.

1-year payment saver

Eligible buyers may qualify for a temporary first-year payment reduction.

Subject to eligibility and loan approval.

Up to $600 appraisal credit

Eligible purchase borrowers may receive an appraisal credit up to $600.

Subject to eligibility and loan approval.

$2,500 buyer assistance

Eligible first-time buyers may qualify for up to $2,500 in assistance on select loan options.

Subject to eligibility and loan approval.

$500 credit

Some eligible loans may qualify for an additional $500 credit.

Subject to eligibility and loan approval.

Updated May 9, 2026

Today's Sample Mortgage Rates

Strong-credit example scenarios for California borrowers. Your final rate depends on your complete loan profile, market conditions, and lock timing.

30-Year Fixed

Popular
5.875%

6.026% APR

Sample rate · 30-year term

20-Year Fixed

5.750%

5.931% APR

Sample rate · 20-year term

15-Year Fixed

5.250%

5.471% APR

Sample rate · 15-year term

High-Balance 30-Year

Higher loan amounts
5.875%

6.035% APR

Sample rate · 30-year term

FHA 30-Year

Low down payment
5.375%

6.142% APR

Sample rate · 30-year term

FHA 15-Year

5.375%

6.217% APR

Sample rate · 15-year term

VA 30-Year

Eligible veterans
5.375%

5.661% APR

Sample rate · 30-year term

VA 15-Year

5.375%

5.763% APR

Sample rate · 15-year term

Assumptions
  • Strong-credit sample borrower profile
  • Primary residence scenario
  • California owner-occupied examples
  • Sample APR shown for the same example profile

Buying a home?

Pair today's sample rates with payment relief and buyer-assistance options that may fit your purchase.

Check purchase options

Refinancing?

Compare rate-and-term, cash-out, FHA, and VA refinance scenarios against your current loan.

Check refinance rate

Rate disclaimer

  • • Rates shown are examples only and are not a loan estimate, rate lock, commitment to lend, or approval.
  • • Actual rate, APR, payment, and costs may vary based on credit profile, loan amount, property type, occupancy, location, loan program, down payment, and other factors.
  • • Rates are subject to change without notice.
  • • APR values shown are sample estimates for the stated example profile and may be higher or lower depending on loan terms and fees.
  • • Temporary payment reduction options lower payments for a limited period only; the note rate does not permanently decrease.
  • • Credits and offers are subject to eligibility, availability, program rules, and loan approval.